Fortune MNC 500 India 2026 edition
Rank#297- Total income
- ₹1,869 Cr
- Profit
- ₹73 Cr
Last year #256
Samsonite South Asia Private Limited - home & lifestyle in Nashik, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹1,942.51 Cr
▼ 16% YoY
Net profit · FY 2024
₹72.96 Cr
Net margin 3.8%
EBITDA · FY 2024
₹233.82 Cr
EBITDA margin 12%
Authorised capital
₹36 Cr
Registered with MCA
Paid-up capital
₹35.49 Cr
Issued & subscribed
Open charges
₹56 Cr
Satisfied ₹108.25 Cr
Company age
31 yrs
Est. 1995
Employees · EPFO
3,695
Provident fund records
About Samsonite South Asia Private Limited
Data last updated:
Samsonite South Asia Private Limited is a private limited company based in Nashik, Maharashtra, India, a subsidiary of Samsonite Mauritius Limited. It operates in the lifestyle products and accessories manufacturing segment of the home and lifestyle products sector. It was incorporated on 08 November 1995 and has been in existence for over 31 years.
Samsonite South Asia is ranked #297 on the Fortune MNC 500 India (2026).
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U19120MH1995PTC094287. Its GSTIN is 27AAACS8598L1ZI (Maharashtra). The company holds 25 GST registrations, of which 23 are active.
The company has an authorised share capital of ₹36 Cr and a paid-up capital of ₹35.49 Cr. It was formerly known as Samsonite India Limited and Samsonite India Private Limited. It is led by directors including Ramesh Dungarmal Tainwala and Kyle Gendreau.
Its last annual general meeting (AGM) was held on 27 June 2025, and its latest financial statements are for the year ended 31 December 2024. The registered office is at Gat Nos 159 To 163 Village Gonde (Dumala Taluka Igatpuri, Nashik, Maharashtra, India – 422403.
As per the financials filed for FY 2024, the company reported a revenue of ₹1,942.51 Cr, a decline of 16% compared to the previous year. For the same year it recorded a net profit of ₹72.96 Cr (net margin 3.8%) and EBITDA of ₹233.82 Cr (EBITDA margin 12%). Revenue has grown at a compounded annual rate (CAGR) of 21% over three years and 7% over five years.
The company has about 3,695 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Samsonite India. As per MCA filings, the company has open charges of ₹56 Cr and satisfied charges of ₹108.25 Cr on record. Court records list 47 cases involving the company, including 31 filed by the company and 16 filed against it; 17 cases are pending. The company has 4 deals on record (4 secondary share transfers); the latest was in March 2019. Its 7 peer companies in the Consumer Products industry (Lifestyle and Accessories Manufacturers), with the same principal business activity (plastic products, non-metallic mineral products, rubber products, fabricated metal products) are compared by revenue, 3 larger and 4 smaller; the largest is Titan Company Limited with revenue of ₹60,942 Cr. The company has 10 MSME Form 1 returns on record between 2020 and 2024, listing 233 overdue payments to 67 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website samsonite.in.
Company details
CIN U19120MH1995PTC094287
Registration Number 094287
Incorporation Date 08 November 1995
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 27 June 2025
Date of Balance Sheet 31 December 2024
Parent Company Samsonite Mauritius Limited
Compliance Status Active Compliant
Name history
Samsonite South Asia has undergone 2 name changes throughout its history. The company was previously known as Samsonite India Limited, and Samsonite India Private Limited. The current legal name is Samsonite South Asia Private Limited.
| Company Name | Status |
|---|---|
| Samsonite South Asia Private Limited | Current |
| Samsonite India Limited | Previous |
| Samsonite India Private Limited | Previous |
Recognitions & Rankings of Samsonite South Asia
Contact details
Samsonite South Asia Private Limited's registered office is in Nashik, Maharashtra. Its website is samsonite.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressGat Nos 159 To 163 Village Gonde (Dumala Taluka Igatpuri, Nashik, Maharashtra, India – 422403
- IndustryHome & Lifestyle, Lifestyle Products & Accessories Manufacturing
To see the full contact details of Samsonite South Asia Private Limited, buy the company report.
Comprehensive company report
Samsonite South Asia Private Limited - one report that includes everything
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
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Brands
Samsonite South Asia operates one associated brand: Samsonite India. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Samsonite India is engaged in providing premium travel gear. | samsonite.in |
Financials of Samsonite South Asia Private Limited
FY 2024 filings availableSamsonite South Asia Private Limited reported revenue of ₹1,942.51 Cr (down 16% YoY) for FY 2024.
Revenue · FY 2024
₹1,942.51 Cr ▼ 16%
Net profit · FY 2024
₹72.96 Cr margin 3.8%
EBITDA · FY 2024
₹233.82 Cr margin 12%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 16%
3 years · compounded
▲ 21%
5 years · compounded
▲ 7%
EBITDA CAGR growth
1 year
▼ 40%
3 years · compounded
▲ 14%
5 years · compounded
▲ 1%
Revenue fell 16% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 7%. EBITDA fell 40% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹233.82 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹72.96 Cr | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
| Trade Payables | |||||
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| Inventories | |||||
| Trade Receivables | |||||
| Cash and Bank Balance | |||||
| Total Assets | |||||
Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 12% | ||||
| Net Profit Margin | 3.8% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
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| Efficiency and Growth | |||||
| Asset Turnover | |||||
| Receivable Days | |||||
| Payable Days | |||||
| Inventory Days | |||||
| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Samsonite South Asia Private Limited, buy the company report.
Board of directors of Samsonite South Asia Private Limited
Samsonite South Asia has 8 current directors and 26 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ramesh Dungarmal Tainwala Also directs: Kwina Wellness LLP, Tainwala Chemicals and Plastics (India) Ltd, Keystone Realtors Limited and 5 more | Director | 26 Jul 2018 | 8 Years 3 Months | Current |
| Kyle Gendreau | Director | 11 Sep 2009 | 17 Years 1 Months | Current |
| Reza Taleghani | Director | 21 Jun 2019 | 7 Years 4 Months | Current |
| Karan Manoj Maheshwari Also directs: Maheshwari Investors Private Limited | Director | 26 Jul 2018 | 8 Years 3 Months | Current |
| Prameesh Parasmal Barlota | Director | 26 Jul 2018 | 8 Years 3 Months | Current |
| Jaikrishnan Ramachandran | Director | 01 Jan 2017 | 9 Years 10 Months | Current |
Showing 6 of 8 current directors. View all directors
Peer comparison
Samsonite South Asia Private Limited is compared with the 7 companies closest to it by revenue in the Consumer Products industry (Lifestyle and Accessories Manufacturers), with the same principal business activity (plastic products, non-metallic mineral products, rubber products, fabricated metal products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Titan Company Limited | ₹60,942 Cr (FY 2025) | 18.0% | Hosur, Tamil Nadu, India | |||
| Vaibhav Global Limited | ₹3,407.62 Cr (FY 2025) | 11.0% | Jaipur, Rajasthan, India | |||
| Essilor India Private Limited | ₹2,211.77 Cr (FY 2023) | 11.0% | Bengaluru, Karnataka, India | |||
| Samsonite South Asia Private Limitedthis company | ₹1,942.51 Cr (FY 2024) | ₹72.96 Cr | 3.8% | -16.0% | 3,695 | Nashik, Maharashtra, India |
| Polymatech Electronics Limited. | ₹1,912.13 Cr (FY 2025) | 54.0% | Oragadam, Tamil Nadu, India | |||
| Safari Industries (India) Limited | ₹1,800.05 Cr (FY 2025) | 15.0% | Mumbai, Maharashtra, India | |||
| KDDL Limited | ₹1,694.57 Cr (FY 2025) | 19.0% | Parwanoo, Himachal Pradesh, India | |||
| Elentec India Private Limited | ₹1,027.41 Cr (FY 2025) | -38.0% | Delhi, India |
To see the full peer comparison of Samsonite South Asia Private Limited, buy the company report.
Auditor
Samsonite South Asia Private Limited is audited by B S & Co Llp for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| B S & Co Llp | FY 2022 | W100072 |
Shareholding
The shareholding of Samsonite South Asia Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Samsonite South Asia Private Limited, buy the company report.
Charges & borrowings
Open charges
₹56 Cr
Satisfied charges
₹108.25 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 29 Apr 2022 | 100573242 | Idbi Trusteeship Services Limited | ₹56 Cr | Open | |
| 27 Aug 2004 | 90158456 | Ing Vysya Bank Limited | ₹7.5 Cr | Satisfied | |
| 06 Mar 2003 | 90158129 | Ing Vysya Bank Ltd. | ₹3.5 Cr | Satisfied | |
| 25 Sep 2001 | 90157792 | Induslnd Bank Ltd. | ₹2.53 Cr | Satisfied | |
| 20 May 1997 | 90156589 | The Hongkong and Shanghai Banking Corporation Limited | ₹60.02 Cr | Satisfied |
To see the full charge records of Samsonite South Asia Private Limited, buy the company report.
Total charge records: 9 View all charges
Deals & funding
Samsonite South Asia Private Limited has 4 deals on record (4 secondary share transfers); the latest was in March 2019.
Total deals
4
Secondary share transfers
4
Deals on record (4 of 4)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2019 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: Katyayan Constructions & Developers Private Limited |
| Mar 2015 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Dec 2010 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Mar 2008 | Secondary share transfer | Undisclosed | Buyer: Periwinkle Fashions Private Limited Seller: Tainwala Trading and Investment Company Private Limited |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Samsonite South Asia Private Limited has 47 court cases on record: 31 filed by Samsonite South Asia, 16 filed against it. 17 cases are pending and 30 are disposed.
Total cases
47
Filed by the company
31
Filed against the company
16
Pending
17
Disposed
30
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 27 | 8 | 13 |
| District courts | 20 | 8 | 4 |
Cases on record (5 of 47)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Madras High Court | Appeal | Filed against the company by New Jothi Stores LLP, Partnership Firm, Rep.By Its Managing Partner | Pending |
| High Court | Interim or miscellaneous application | Filed against the company by Comfort International LLP and 3 others | Pending |
| High Court | Interim or miscellaneous application | Filed by the company against Comfort International LLP and 3 others | Pending |
| High Court | Court case (COMIP) | Filed by the company against Comfort International LLP and 3 others | Pending |
| District court, Ahmedabad, Gujarat | Court case (SMST R) | Filed against the company by Raj Carrying Cargo Pvt.Ltd.Man.Director/Au.Sign. Shri Tapan R. Sharma | Disposed |
To see the full case history of Samsonite South Asia Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
Credit ratings & regulatory alerts
Samsonite South Asia Private Limited was last rated by Crisil on 06 Apr 2020.
| Rating agency | Rated on | Rating |
|---|---|---|
| Crisil | 06 Apr 2020 |
To see the full credit ratings and regulatory alerts of Samsonite South Asia Private Limited, buy the company report.
MSME payment delays
Samsonite South Asia Private Limited has 10 MSME Form 1 returns on record between 2020 and 2024, listing 233 overdue payments to 67 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 67)
To see the full MSME payment records of Samsonite South Asia Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Samsonite South Asia Private Limited has a workforce of 3,695 employees on its EPFO records as of Jul 22, 2024, across 1 active EPFO establishment.
Employee count
3,695
Active EPFO establishments
1
Employee growth
47.21%
GST
Samsonite South Asia has 25 GST registrations: 23 active and 2 cancelled or inactive. The first 4 active GSTINs are listed below.
Total GSTINs
25
Active
23
Cancelled / inactive
2
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACS8598L1ZI | Maharashtra | Active | 01 Jul 2017 |
| 27AAACS8598L2ZH | Maharashtra | Active | 07 Sep 2017 |
| 03AAACS8598L1ZS | Punjab | Active | 01 Jul 2017 |
| 04AAACS8598L1ZQ | Chandigarh | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Samsonite South Asia Private Limited, buy the company report.
Recent activity
Samsonite South Asia Private Limited has 35 board changes on record since 2006: 9 appointments and 26 cessations. The latest: Anushree Tainwala ceased to be Additional Director on 27 Jun 2024.
AGM
Samsonite South Asia Private Limited last Annual general meeting of members was held on 27 Jun 2025 as per latest MCA records.
Filing
Samsonite South Asia Private Limited has filed its annual Financial statements for the year ended 31 Dec 2024 with Roc Mumbai.
Ceased
Anushree Tainwala ceased to be Additional Director.
Appointed
Anushree Tainwala was appointed as Director.
Appointed
Subrata Dutta was appointed as Director.
Ceased
Paul Flor A Melkebeke ceased to be Director.
Charges
A charge with Idbi Trusteeship Services Limited amounted to Rs. 56.00 Cr with Charge ID 100573242 was registered on 29 Apr 2022.
Charges
A charge registered on 20 May 1997 via Charge ID 90156589 with The Hongkong And Shanghai Banking Corporation Limited was fully satisfied on 06 Sep 2021.
Ceased
Subrata Dutta ceased to be Director.
Ceased
Ayush Ramesh Tainwala ceased to be Additional Director.
Ceased
Karan Manoj Maheshwari ceased to be Additional Director.
Ceased
Kyle Gendreau ceased to be Additional Director.
49 earlier events are in the company report.
News
Frequently asked questions
Samsonite South Asia is an active private limited company based in Nashik, Maharashtra, India. The company works in lifestyle products and accessories manufacturing, within the home and lifestyle industry. It was incorporated on 08 November 1995 (31+ years old) and is registered under CIN U19120MH1995PTC094287.
Samsonite South Asia has 8 current directors:
- Ramesh Dungarmal Tainwala - Director
- Kyle Gendreau - Director
- Reza Taleghani - Director
- Karan Manoj Maheshwari - Director
- Prameesh Parasmal Barlota - Director
- Jaikrishnan Ramachandran - Director
- Anushree Tainwala - Director
- Subrata Dutta - Director
The latest financial statements of Samsonite South Asia on record with the MCA are for the year ended 31 December 2024. Its last annual general meeting was held on 27 June 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Samsonite South Asia is 27AAACS8598L1ZI, registered in Maharashtra. The company has 25 GST registrations in all, of which 23 are active and 2 are cancelled or inactive. Other active GSTINs include 27AAACS8598L2ZH (Maharashtra), 03AAACS8598L1ZS (Punjab), 04AAACS8598L1ZQ (Chandigarh).
The CIN (Corporate Identification Number) of Samsonite South Asia is U19120MH1995PTC094287. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Samsonite South Asia has 47 court cases on record: 31 filed by the company and 16 filed against it. 17 are pending. Most are in the high courts.
Samsonite South Asia was incorporated on 08 November 1995, making it 31+ years old. It is registered with the Registrar of Companies, Mumbai.
Samsonite South Asia has 4 deals on record (4 secondary share transfers); the latest was in March 2019.
The peers of Samsonite South Asia by revenue are Titan Company Limited, Vaibhav Global Limited, Essilor India Private Limited, Polymatech Electronics Limited, Safari Industries (India) Limited and 2 more, all in the Consumer Products industry (Lifestyle and Accessories Manufacturers), with the same principal business activity (plastic products, non-metallic mineral products, rubber products, fabricated metal products).
Anushree Tainwala ceased to be Additional Director on 27 Jun 2024. Anushree Tainwala was appointed as Director on 13 Dec 2023. Subrata Dutta was appointed as Director on 29 Nov 2022. Samsonite South Asia has 35 board changes on record in total.
Samsonite South Asia has 10 MSME Form 1 returns on record between 2020 and 2024, listing 233 overdue payments to 67 micro and small suppliers. The latest return was filed on 26 Apr 2024.
Samsonite South Asia can be reached through the website samsonite.in. Its registered office is in Nashik, Maharashtra, India.
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